However, under Lebanon’s Law No 2/67 (also known as the “Intra Law”) which governs the insolvency proceedings of Lebanese commercial banks, a bankruptcy declaration could lead to the liquidation of …
Lebanon City Council approves rezoning to limit Five Oaks homes
Five Oaks residents will likely sleep better after the Lebanon City Council unanimously approved a rezoning request that would limit future residential development in the Ward 6 subdivision on the …
Lebanon buys chunk of Albany for $65k
If that sounds confusing, that’s because the city of Albany owned a piece of property in Lebanon. The Lebanon City Council directed city staff on Nov. 9 to sign a $65,000 purchase agreement with …
Breaking Norms: Joseph Achajian’s Lebanon-Based Menswear Brand Maison Du Mec Is Advocating For Distinct And Nonconforming Styles
As a brand that is inspired by East Asian aesthetics and minimalist design, Maison du Mec is carving a (permanent) niche of its own in an industry marked by transient concepts and trends.
Lebanon to raise exchange rate for taxes, fees and customs duties
Cash-strapped Lebanon is hoping to fill state coffers by raising the exchange rate for taxes, fees and customs duties, Caretaker Finance Minister Youssef Khalil told The National, as the country reels …
Total to launch sea exploration after Lebanon-Israel deal
French oil giant Total said Tuesday it would soon launch exploration activities in search for gas in the Mediterranean Sea off Lebanon’s coast, following last month’s Lebanon-Israel deal on their …
Lebanon could still sign IMF deal despite executive vaccum – PM
BEIRUT, Nov 10 (Reuters) – Lebanon could still finalise a deal with the International Monetary Fund for a $3 billion bailout despite having no president and no fully-empowered government …
Property taxes in Lebanon to rise more than expected
If you live in Lebanon, your property tax bill may be higher than expected this year. The city did a revaluation of all the properties within the city limits. Because of the competitive housing market …
Deal Between Israel and Lebanon Could Usher in Additional Agreements
The agreement between Israel and Lebanon demarcating their maritime border is a historic achievement between two countries at war, one that could usher in …
This 22-year-old survives Lebanon with a bitcoin mining business that’s been earning $20,000 a month
Here’s a look into Lebanon’s burgeoning crypto mining industry, a lifeline for many Lebanese as the country’s financial system falls apart.